RXL 13.0% 13.0¢ rox resources limited

Where’s the bottom?, page-32

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    https://hotcopper.com.au/data/attachments/3615/3615131-88fb03b1a8656e6cc48dce6775d68bc0.jpg

    AISC getting high, what if the POG falls to $2,000 oz au?

    Part of the problem is the low grade, average 2.1 g/t au with many deposits even lower.

    https://hotcopper.com.au/data/attachments/3615/3615128-750e44118c2f64c8f2cc3e0f2cd5f704.jpg

    Grace is 7 g/t and near mine shallow is 4 g/t and the Deeps is 657,900 oz au @8.48 g/t

    RMS is very likely to make a move on Rox this year but could wait for the upgraded JORC in Q1 2022.

 
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